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rabhay

Sideways Breakout - Long term uptrend

Long
KALYAN JEWELLERS IND LTD (NSE:KALYANKJIL)  
rabhay  
NSE:KALYANKJIL   KALYAN JEWELLERS IND LTD
Trend Analysis Chart Patterns Rectangle volatilitycontraction uptrend
1
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trendanalysis chartpattern rectangle volatilitycontraction uptrend
Typical VCP characteristic,
1. Previous long term uptrend
2. Sideways for 50 days and breakout
3. Supported by 50 DMA multiple times
4. Volume profile suggest accumulation during this sideways duration.
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